Smartvalue Income Statement

Financials in millions JPY. Fiscal year is July - June.

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	5,671	4,361	3,814	3,873	3,805	3,446
Revenue Growth (YoY)	45.97%	14.34%	-1.52%	1.79%	10.42%	-42.16%
Cost of Revenue	3,930	2,917	2,658	2,589	2,519	2,783
Gross Profit	1,741	1,444	1,156	1,284	1,286	663
Selling, General & Admin	1,963	1,869	1,449	1,343	1,285	1,219
Amortization of Goodwill & Intangibles	16	16	16	16	16	49
Operating Expenses	1,979	1,885	1,465	1,359	1,301	1,268
Operating Income	-238	-441	-309	-75	-15	-605
Interest Expense	-905	-302	-8	-7	-6	-
Other Non Operating Income (Expenses)	27	27	4	7	29	25
EBT Excluding Unusual Items	-1,111	-716	-313	-75	8	-580
Gain (Loss) on Sale of Investments	-	-	-	-	-	-20
Asset Writedown	-246	-178	-47	-	-	-827
Other Unusual Items	2,131	2,138	-	-	-	-6
Pretax Income	774	1,244	-360	-75	8	-1,433
Income Tax Expense	530	391	28	35	-14	-26
Earnings From Continuing Operations	244	853	-388	-110	22	-1,407
Minority Interest in Earnings	137	63	40	62	-21	-
Net Income	381	916	-348	-48	1	-1,407
Net Income to Common	381	916	-348	-48	1	-1,407
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-1.63%	-	2.78%	0.47%	0.48%	-0.28%
EPS (Basic)	37.27	88.14	-33.49	-4.75	0.10	-140.48
EPS (Diluted)	37.27	88.14	-33.49	-4.75	0.10	-140.48
Free Cash Flow	-	-663	-593	-38	583	-980
Free Cash Flow Per Share	-	-63.80	-57.06	-3.76	57.93	-97.85
Dividend Per Share	8.000	8.000	6.000	8.000	8.000	8.000
Dividend Growth	33.33%	33.33%	-25.00%	-	-	-
Gross Margin	30.70%	33.11%	30.31%	33.15%	33.80%	19.24%
Operating Margin	-4.20%	-10.11%	-8.10%	-1.94%	-0.39%	-17.56%
Profit Margin	6.72%	21.00%	-9.12%	-1.24%	0.03%	-40.83%
Free Cash Flow Margin	-	-15.20%	-15.55%	-0.98%	15.32%	-28.44%
EBITDA	623.5	116	-158	71	122	-14
EBITDA Margin	11.00%	2.66%	-4.14%	1.83%	3.21%	-0.41%
D&A For EBITDA	861.5	557	151	146	137	591
EBIT	-238	-441	-309	-75	-15	-605
EBIT Margin	-4.20%	-10.11%	-8.10%	-1.94%	-0.39%	-17.56%
Effective Tax Rate	68.47%	31.43%	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.